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Can Divorcing Couples Get the Real Value of Their Homes? 

Divorce is horrible for everybody, except those looking to get a good deal in the housing market.

 

Divorcing couples are so wrapped up in emotional pain, that many times they'll sell low just to get out from under the house. Cynthia Taylor, a divorced homeowner says this,"I got hosed because I was divorcing. We should have fought for the full value of our house, but there was no working 'we' at that time and our agent was double-ending in a questionable fashion."

 

In today's mild housing market this becomes even more difficult, because even couples who hold out for a better price aren't seeing nearly the return investment. Real estate agents say the worst thing you can do is move out of the house, it makes you look desperate to sell.  But when you're emotionally drained from a divorce, who wants to stay together to ride out the housing slump?

 

Source: www2.canada.com

by inthenews  754 Posts 

Posted on 2/9/2009 3:37 AM
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